TERRA founder Do Kwon has denied he’s hiding from police after Interpol issued a red notice for his arrest.
After South Korean prosecutors said he was “obviously on the run”, Kwon said he was making no attempt to evade law officers.
He tweeted: “I’m writing code in my living room – I’m making zero effort to hide.
“I go on walks and malls, no way none of crypto Twitter hasn’t run into me the past couple weeks.”
He went on to say he knew nothing about the red notice, adding: “For something that has ‘notice’ in the name it sure gives no notice.
“Tried to search it on the Interpol website, found nothing.”
Do Kwon didn’t reveal his location, however.
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The Terra founder moved from South Korea to Singapore just after his project collapsed, but last week authorities said he was no longer in Singapore.
On Monday, September 26, South Korean prosecutors said Interpol had issued a “red notice” for Kwon – meaning there is a formal request to all participating law enforcement agencies “to locate and provisionally arrest a person pending extradition, surrender, or similar legal action”.
No such notice has been made public, however, Interpol said the “majority” of red notices were issued in private to law enforcement only.
Kwon is the founder and CEO of Terraform Labs, which created the UST and Luna cryptocurrencies.
When the coins collapsed to almost zero in May, it started a ‘crypto winter‘ for the wider market.
Authorities have also issued requests to cryptocurrency exchanges, OKX and KuCoin, to freeze 3,000 Bitcoins believed to be owned by Kwon.
The 3,000 Bitcoins were sent to the exchanges on September 15, shortly after the first warrant for his arrest was issued.
